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$13.23 bellamy's australia limited

Are you saying a2m is a better buy at this price? Also i wonder...

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16/08/18

12:35

Post #: 34976394
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Originally posted by 8horse ↑

BAL, has been smashed down around 60% from recent high, punished for the delay of SAMR approval.

However, BAL expects 2018 annual revenue to be around $312m - $324m with EBITDA of 21-23%.
BAL's infant formula revenue for 2018 year would be around A$300m,
A2M's infant formula revenue for 2018 year would be around A$720m, EBITDA of 30%, with CFDA/SAMR approval.

A2M's market cap is Seven times of BAL's.

BAL does have organic certificate to apply for CNCA, also the source of organic powder is an issue.

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Are you saying a2m is a better buy at this price? Also i wonder what the range for forecast accuracy ie will 3% above expectations attract the market back into bal

BAL Price at posting: $9.06 Sentiment: Buy Disclosure: Held
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0 Great analysis

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